Displaying items by tag: Russia

Russia: Eurocement has publically supported the merger between Lafarge and Holcim. In a statement the Russian producer and minority shareholder in Holcim said that it found the development potential of the merged company 'very positive'.

In late March 2015 Eurocement announced that it planned to vote against the LafargeHolcim merger unless the financial terms of the deal were altered. Subsequently in mid-April 2015, it then proposed its chairman Filaret Galchev to the board of directors of LafargeHoclim but Holcim said the proposal was submitted too late to be considered. Eurocement owns a 10.82% stake in Holcim.

Russia: The government of Chelyabinsk and China's Anhui Conch Cement Company Limited are negotiating the construction of a cement plant. Anhui Conch has been provided several plots for assessment. According to general manager Wang Jianchao, a project scheme will be determined in the near future and will either consist of the modernisation of existing facilities or the construction of a new cement plant at undeveloped limestone deposits.

Russia: Ulyanovskcement, a subsidiary of Eurocement, is setting up a new cement shipping and packaging department. The project includes a new 6200t/day dry-process production line. Equipment produced by Ibau Hamburg Ingenieurgesellschaft Industriebau GmbH will be installed.

Russia: Donskaya Tekhnicheskaya Company, one of the largest suppliers of construction materials, intends to construct a cement terminal in Azov, Rostov in 2015, for Euro3.13m. The terminal will load out over 490,000t/yr or 2000t/day of cement. The cement will be dispatched by rail and by ships from the Sebryakovcement plant in Volgograd and the Novoroscement plant in Krasnodar. The project will help solve the cement deficit in the region.

Russia: Eurocement's new plant in Sengileevskaya is scheduled to begin production at the end of May 2015, bringing the total production capacity of the Ulyanovsk region close to 4Mt/yr. Eurocement Group president Mikhail Skorokhod said that the plant will meet the highest standards in terms of equipment quality and performance. Governor of the Ulyanovsk region, Sergey Morozov, said that the arrival of Eurocement will improve the quality of life for people in the region. On completion, the plant will provide 320 jobs.

Russia: According to the Russian Cement Association (CMPRO), for the first time since 2009, domestic cement consumption is expected to decline by 15% in 2015 due to the reduction in housing and infrastructure development.

Sales have dropped by at least 5% since the start of 2015. The slow decline may continue for several years. Lafarge expects that the strongest drop, by some 8 - 12%, will be seen in central regions of Russia. Lafarge intends to produce about 2.6Mt in 2015. Siberian Cement has predicted that the cement market of Siberia may shrink by 5 - 7% in 2015 and will reduce its production by 7% to 4Mt during the year. According to the NEO Centre consulting group, cement output in Russia grew by 3% year-on-year to 68.4Mt in 2014.

Russia/Brazil: Refractory materials producer Magnezit Group has signed a cooperation agreement with the Brazilian company Vamtec, a diversified manufacturer and trader of materials for metallurgical and cement plants. The agreement specifies distribution and promotion of Magnezit Group's products and services in Brazil. It also includes research collaboration in the metallurgical industry.

"During recent years we have carried out a number of changes in the company, including the construction of a plant for the production of magnesia clinker in Satka, Chelyabinsk region and the purchase of a new deposit in Krasnoyarsk Territory. Cooperation with Vamtec will let Magnezit Group find new possibilities for growth and continue efficient development of business in the South American market," said general director of Magnezit Group Sergei Odegov.

Vamtec SA was founded in the 1980s. It carries out development, production and promotion of materials and services for steel making industry, non-ferrous metallurgy, foundries and other industries.

Russia: The Federal Antimonopoly Service (FAS) has found that the 'Stroiindoustria' Bakhchisaray cement plant in the Crimea violated antimonopoly law by 'unreasonably' raising prices of cement. In April – May 2014 Bakhchisaray increased prices for its different product brands by an average of 45%. FAS established that the company had the dominant position on the cement market in the Crimea Federal District.

Completing the investigation, the antimonopoly body did not reveal any economic, technological or other justifications for the increased prices of the company products. The case against Bakhchisaray was initiated following an inspection of the largest producers of construction materials in the Crimea Federal District to verify whether prices complied with the antimonopoly law.

Russia: LSR Group has completed the sale of its cement plant in Slantsy, Leningrad to Eurocement. Following the closure of the deal, Eurocement has acquired full operating control over the facility. The plant, which began operations in September 2010, operates a 5000t/day clinker line and a 1.86Mt/yr cement line.

LSR reiterated that the divestment is part of its strategy of focusing on projects 'with the highest returns on invested capital and the fast-growing real estate development business.' As a result, LSR has significantly reduced its debt and made it 100% Ruble-based.

Russia: BaselCement Holding produced 2Mt of cement and clinker in 2014, 37% more than in 2013. At the Serebryansky Cement Plant, production reached 1.02Mt, 95% more than in 2013. (The plant was only commissioned in the middle of 2013). The shipment of cement and clinker from Achinsk Cement increased by 5% and exceeded 0.9Mt.